From the start of 2025, Moroccans will have to adapt to a series of new tax and customs measures introduced by Finance Law No. 60.24, recently published and made official in the Official Bulletin.
Indeed, Morocco is preparing to open a new page in its budgetary history in 2025. Enacted after a rigorous legislative process, Finance Law No. 60.24 initiates a series of reforms aimed at redefining the Kingdom's fiscal framework. Bearing the mark of the Akhannouch administration, this law, ratified despite a lively parliamentary debate, augurs profound changes in the country's tax and customs management. Moroccan citizens, from January 1, will be in the front row to see the impact of these measures on their daily economic lives.
Income tax (IR)
As part of the new tax system, the income tax scale has been clarified. Thus, incomes of up to 40,000 dirhams per year benefit from a total exemption, offering significant support to low-income households and helping to improve their purchasing power.
For the upper brackets, tax rates start at 10% for income between 40,001 and 60,000 dirhams, gradually increasing to 20% for income between 60,001 and 80,000 dirhams, and reaching 30% for those between 80,001 and 100,000. dirhams. For income between 100,001 and 180,000 dirhams, the rate rises to 34%, while income exceeding 180,000 dirhams is taxed at 37%.
In addition, article 57 of the General Tax Code introduces various tax exemptions, aimed at reducing the tax burden on certain categories of income and encouraging specific economic practices. Among the main exemptions, we find compensation and supplementary pensions with a contract duration of at least eight years, provided that the contributions have not been deducted for the calculation of net taxable income. However, in the event of death or disability of the insured, the duration constraint is lifted.
In addition, the text provides for an exemption for internship compensation paid by private sector companies, over a maximum period of twelve months, with the possibility for the intern to continue the exemption in the event of a change of employer. A notable incentive is also granted when the intern is hired on a permanent contract (CDI), with an exemption from income tax for a gross salary capped at 10,000 dirhams during the first 24 months of employment.
Purchase vouchers, up to a limit of 40 dirhams per employee and per working day, are also exempt, as are grants. For their part, salary income paid by representations such as the Fédération Internationale de Football Association (FIFA) in Morocco and the organizations affiliated with it, and which concern employees who do not have Moroccan nationality, also benefit from this exemption. .
Games of chance
The FL 2025 introduces a withholding tax on income derived from internet games of chance from foreign sources, now set at a rate of 30%, this measure is part of an effort to regulate a booming sector.
In the interest of transparency and tax compliance, people who have received winnings from games of chance via the internet from foreign sources are now required to comply with a specific reporting obligation. In accordance with article 160 ter, these individuals must, electronically, submit a detailed declaration to the tax administration before March 1 of each year.
This process includes the provision of specific information for each beneficiary of such winnings, namely the first and last name of the winner, the number of the national electronic identity card, the residence card or the tax identification number, as well as the gross amount of earnings received and the amount of applicable withholding tax. This measure aims to further regulate the taxation of income from online gaming internationally, thus guaranteeing better traceability of financial flows and increased compliance with tax obligations by the taxpayers concerned.
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